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Code of Ethics - English
Code of Ethics - English
02
QATAR PETROLEUM
REGULATIONS RELATED TO THE
CODE OF ETHICS
GENERAL PROVISIONS
The purpose of these regulations is to ensure the compliance by the Corporation and its
Employees with internationally recognized and accepted business and ethical standards.
The objective of these regulations is to enhance the confidence of outside Entities in the
integrity of the Corporation and its Employees by:
− establishing clear rules of conduct with respect to ethical conduct for, and post
employment practices applicable to all Employees; and
− minimizing the possibility of unethical conduct and providing for the objective and
fair resolution of such should they arise.
These regulations apply to all Corporation Employees. All Corporation Employees must
comply with these Regulations.
DUTIES OF EMPLOYEES
Section (3) - General Obligation
Ethics and integrity are the responsibility of every Employee. Employees shall therefore
have an obligation to exercise utmost fairness, honesty, objectivity, and diligence and
maintain an exemplary level of ethical behavior in the performance of their duties for the
Corporation, and shall reject bribery in all its forms.
Employees shall exhibit loyalty in all matters pertaining to the affairs of the Corporation
and shall not knowingly be a part of any illegal, unethical or improper activity.
Employees shall take all reasonable care when making business decisions and
recommendations and shall reveal all material facts to approving authorities of the
Corporation.
Employees shall in the performance of their duties for the Corporation take reasonable
care to acquaint themselves and to comply with applicable laws, regulations and
Corporation policies and procedures. Unlawful acts or breaches in Corporation policy or
procedure are not acceptable whatever the jurisdiction. Good motives are not an excuse
for committing illegal acts or breaches in Corporation policy and procedure.
Employees shall maintain accurate accounts and records of all commercial dealings,
payments and receipts conducted or made for and on behalf of the Corporation. These
records shall as accurately as reasonably possible reflect the business transactions of the
Corporation and the disposition of its assets. Employees shall not make any false or
misleading entries in the accounts or records of the Corporation.
Employees shall always employ all reasonable endeavors to act in the interests of the
Corporation in the performance of their duties.
Employees shall continually strive for improvement in the proficiency and effectiveness
of their work for the Corporation.
Employees shall treat all persons fairly regardless of such factors as race, color, national
origin, sex, marital status, age, religion, creed or political belief, physical handicap or
disability, or status.
PROHIBITED DEEDS
Employees shall not disclose Confidential Information gained in the course of their
employment, except as necessary to perform their duties and then only on a “need to
know” basis. Such information shall also not be used for personal gain, or in a way that
may be detrimental to the welfare, interest or image of the Corporation.
Confidential Information means any and all information directly or indirectly disclosed or
provided by or on behalf of the Corporation, in whatever format and irrespective of the
medium in which it is contained, acquired or produced by the Corporation, its affiliates,
joint venture partners, contractors or suppliers, including without limitation, plans,
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In addition to the above, Employees shall adhere to the Corporate Information Security
Guidelines GD-CIS-001, as amended from time to time.
Employees shall not provide any information or assistance to Entities in their dealings
with the Corporation where such assistance or information may potentially benefit such
an Entity above other Entities in their dealings with the Corporation, or where the
provision of such assistance or information may potentially be construed as preferential
treatment for any Entity.
Employees of the Corporation shall not sexually harass or sexually intimidate other
people.
DISCIPLINARY ACCOUNTABILITY
Every employee who violates the provisions of these regulations shall be disciplinarily
accountable.
DEFINITIONS
In applying the provisions of these regulations, the following words and expressions shall
have the meanings shown against each of them, unless the context otherwise requires: